Growing Market for Gas Chromatography Systems
According to a recent report, the global market for gas chromatography systems is expected to reach upwards of $1.2 billion by the year 2015.
According to a recent report, the global market for gas chromatography systems is expected to reach upwards of $1.2 billion by the year 2015.
The rapidly growing market is drawing increased demand from other emerging markets such as petroleum, petrochemical, fire and specialty chemical, natural gas, industrial gas and fuel cell industries and is also being summoned to address concerns on various environmental and food safety issues.
As with most markets, the global gas chromatography market plunged with the recession in 2008 and 2009, however the recent recovery of the global market has returned the gas chromatography industry to positive growth in 2010 and it is expected to rebound fully.
With Europe representing the largest market for gas chromatography systems, accounting for more than 30% of the share of the market worldwide, the United States trails closely behind in terms of sales of GC systems.
The main trends present in today’s growing GC market are better resolution and faster analysis, with new innovations and advancements emerging at a rapid pace including trends like systems that offer ease of performance, lower detection limits and enhanced reproducible quantitation.
